Volvo is rumored to be working on a new sedan and wagon model.

It would use the SPA3 platform from the EX60.

It's to start in the low-$50,000 range and arrive in 2028.

Swedish automaker Volvo is all-in on crossovers and SUVs, with the brand's only wagon model, the V60 Cross Country, set to leave the lineup after 2026. Volvo may not be done with station wagons and sedans for long, though.

According to sources who spoke with Automotive News, a model for each body style is reportedly being developed for Europe. And it may not be too difficult to homologate them for the United States.